HR Competencies - Ethical Practice

Question 1

Ethical Practice

Answer 1

consists of Transparency, Honesty and Confidentiality.

Question 2

Transparency Principle

Answer 2

Organizations should disclose business transactions or processes to all stakeholders.

EX: Sarbanes-Oxley Act of 2002 - Corporate and Auditing Accountability, Responsibility, and Transparency Act)

Question 3

Honesty Principle

Answer 3

Organizations should be fair and adhere to commonly accepted business practices and norms.

Question 4

Bribery

Answer 4

Offering something of value to someone w/ the intension of influencing their decisions.

Question 5

Combating Bribery

Answer 5

U.S. Foreign Corrupt Practices Act of 1977

U.K. Bribery Act of 2010

Question 6

Confidentiality Principle

Answer 6

Handling Sensitive information in a way that creates safe, fair work environments and protects privacy.

Question 7

Ethical Universalism

Answer 7

belief that there are fundamental principles that transcend different cultures and locations.

Question 8

Cultural Relativism

Answer 8

Belief that ethical behavior is defined by local culture, local business practices, and local laws.

Question 9

Conflicts of Interest

Answer 9

Situations in which a person or organization may benefit from undue influence due to involvement in outside activities, relationships, or investments that conflict with or have an impact on the employment relationship or its outcomes.

Question 10

Code of Conduct

Answer 10

Helps an organization promote ethical behavior, communicate organization commitments internally, define behavioral expectations for all EEs, serve as a guide by which EEs and managers can judge their actions.

Question 11

Steps to Create a Code of Conduct

Answer 11

1. Gather information
2. Draft/Review
3. Formally adopt the code
4. Monitor enforcement
5. Evaluate and revise